Sunday, April 07, 2024 11:52:58 PM
Contract _ CEO _ VDRM
Value _ Bonus _ Revenue
Per Yr _ Per Yr _ Per Yr
$1M __ $0.3M _ $0.7M
$2M __ $0.8M _ $1.2M
$5M __ $2.0M _ $3.0M
$10M _ $4.0M _ $6.0M
$20M _ $8.0M _ $12.0M
The above is based on CEO performance clause and does not include his $0.1M salary and 20M share incentive each year he is CEO or one-time bonus of another 20M shares for $1.00/share. In total, I call that EXCESSIVELY STEEP price to pay as a shareholder for doing his job.
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